IDBI Ultra Short Term Fund Dividend Daily0.00%

5.28%
1 Year Return
Debt
Ultra Short Duration
3.0star
6M
1Y
3Y
5Y
All

Fund Details

IDBI Ultra Short Term Fund Dividend Daily

RiskModerately Low
Min SIP Amount₹500
Expense Ratio0.66%
NAV1016.97 (27 Nov 2020)
Fund Started03 Sep 2010
Fund Size282 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
5.3%
6.3%
6.6%
7.7%
Category Average
5.3%
5.9%
6.5%
-
Rank Within Category
15
8
8
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 5.3% annual returns

    Comparison

    Data not available
    Pros
    1. Exit load is zero
    2. 3Y Returns are higher than the category average returns
    Cons
    1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low

    Top Holdings

    NameSectorInstrument% Assets
    Reserve Bank of IndiaFinancialT-Bills17.5%
    Housing Development Finance Corpn. Ltd.FinancialCP8.8%
    Reserve Bank of IndiaFinancialT-Bills8.8%
    Indusind Bank Ltd.FinancialCD7.1%
    Punjab National BankFinancialBonds6.0%
    Reliance Industries Ltd.EnergyCP5.3%
    Vedanta Ltd.MetalsDebenture3.9%
    Bank Of BarodaFinancialBonds2.9%
    JK Cement LtdConstructionDebenture2.7%
    Tata Power Co. Ltd.EnergyDebenture2.6%
    See All

    IDBI Ultra Short Term Fund Dividend Daily Details

    IDBI Ultra Short Term Fund Dividend Daily is a Debt Mutual Fund Scheme launched by IDBI Mutual Fund. This scheme was made available to investors on 03 Sep 2010. Bupesh Kalyani is the Current Fund Manager of IDBI Ultra Short Term Fund Dividend Daily fund.The fund currently has an Asset Under Management(AUM) of ₹282 Cr and the Latest NAV as of 27 Nov 2020 is ₹1016.97.

    The IDBI Ultra Short Term Fund Dividend Daily is rated Moderately Low risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000.

    Investment Objective

    The scheme seeks to provide investors with regular income for there investments by investing in Debt/ Money market instruments with relatively lower interest rate risk such that the Macaulay duration of the portfolio is maintained between 3 months to 6 months.

    Tax Implications

    Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

    Scheme Information Document(SID)

    ₹5000
    Min for First Investment
    ₹1000
    Min for Second Investment
    Nil
    Exit Load

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    About IDBI Mutual Fund

    Address
    5th floor, Mafatlal Centre, Nariman Point Mumbai 400021
    Phone
    022-6644 2800
    Launch Date
    29 Mar 2010
    IDBI Mutual Fund
    Asset Management Company
    Custodian
    SBI SG Global Securities Services Pvt.Ltd.
    Registrar & Transfer Agent
    KFin Tech
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
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